Time Inc. buys into Open Market

Published on August 09, 1995.

Time Inc. Tuesday announced it has invested in Open Market, a Cambridge, Mass.-based software developer of business solutions for the Internet which has provided commercial transaction facilities for Time Inc.'s Pathfinder Web site. Bruce Judson, general manager of Time Inc. New Media, will sit on Open Market's board of directors. Other Open Market clients include Tribune Co., Advance Publications, Conde Nast Publications, Banc One and First Union Corp.